NOT LISTED FOR SALE

4 Gilson Terrace Unit 1 Somerville, MA 02143

Porter Square Neighborhood

Estimated Value: $1,007,000 - $1,226,000

2 Beds
2.5 Baths
1,750 Sq Ft
1890 Built

Last Sold May 29, 2013

Last sale price $595,000 $340 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,874/month

Highlights

  • Medical Services
  • 9,999 Sq Ft lot
  • 1 Fireplace
  • Somerville High School Rated A-
  • Property is near public transit
  • Cooling Available

About This Home

As of June 2024

AVAILABLE AUGUST 15th! Stunning, must-see 2 bed 2.5 bath with soaring 12 ft ceilings throughout. Prime location on the Cambridge line just blocks from Porter Sq, with great proximity to Harvard, Davis & Union Squares. The open floor plan, with gas fireplace, recessed lighting and convenient powder room, is ideal for entertaining and unwinding. The renovated kitchen boasts a spacious island, granite counter tops, stainless steel appliances and ample maple cabinetry. The over-sized primary bedroom leads into an ensuite skylit bathroom, with double vanity and whirlpool tub. The second generous bedroom also features stylish ensuite bathroom, as well as bonus space for work or storage. Central air conditioning, in-unit washer & dryer, common patio area, large private storage and one off-street parking space help round out this lovely package. Come see your new, pet-friendly home today!

Last Agent to Rent the Property

Nick Schmalensee

Compass Listed on: 05/29/2024

Compass

Last Renter's Agent

Kara Trombly

Realty ONE Group Suburban Lifestyle

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,715

Year Built

  • 1890

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,750 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,800
  • Property Available on 8/15/24
  • Rent includes water, sewer, extra storage, garden area, laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 4271724

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,715

Year Built

1890

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2024-08-15
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4800

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: In Unit
  • Living Area: 1750
  • Spa YN: No
  • MAIN LO: AN2383
  • MAIN SO: AN7061

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Extra Storage, Garden Area, Laundry Facilities, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4271724
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 23, 2022
Sold by
Orlando David and Orlando Elena
Bought by
4-1 Gilson Ter Llc
Seller's Agent
Mark Carey
Carey Connector
Buyer's Agent
Mark Carey
Carey Connector
Sold Price
$4,700
Current Estimated Value
$1,132,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,943

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 29, 2013
Sold by
Chen David N and Chen Lalaine
Bought by
Orlando David and Orlando Elena
Seller's Agent
Gail Roberts
Coldwell Banker Realty - Cambridge
Buyer's Agent
Gary Dwyer
Buyer Agents of Boston
List Price
$575,000
Sold Price
$595,000
Premium/Discount to List
$20,000
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$446,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2012
Sold by
Chen David N and Chen Agnes W
Bought by
Chen David N and Chen Lalaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4-1 Gilson Ter Llc -- None Available
Orlando David $595,000 --
Chen David N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orlando David $446,250
Previous Owner Chen David N $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Rented $4,800 0.0% --
06/02/2024 06/02/24 Under Contract -- -- --
05/29/2024 05/29/24 For Rent $4,800 +2.1% --
07/22/2022 07/22/22 Rented $4,700 +2.2% --
07/21/2022 07/21/22 Under Contract -- -- --
06/20/2022 06/20/22 Price Changed $4,600 -6.1% $3 / Sq Ft
05/26/2022 05/26/22 For Rent $4,900 0.0% --
05/29/2013 05/29/13 Sold $595,000 +3.5% $346 / Sq Ft View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $575,000 -- $334 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,715 $982,100 $0 $982,100
2024 $9,991 $949,700 $0 $949,700
2023 $9,782 $946,000 $0 $946,000
2022 $9,457 $929,000 $0 $929,000
2021 $9,172 $900,100 $0 $900,100
2020 $9,410 $932,600 $0 $932,600
2019 $9,647 $896,600 $0 $896,600
2018 $7,620 $673,700 $0 $673,700
2017 $7,553 $647,200 $0 $647,200
2016 $7,718 $616,000 $0 $616,000
2015 $6,981 $553,600 $0 $553,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2024

    Nick Schmalensee

    Compass

    (617) 303-0067

    25 Total Sales

    Nick Schmalensee
    Section Image

  • K

    Tenant's Agent in 2024

    Kara Trombly

    Realty ONE Group Suburban Lifestyle

    (781) 710-7561

    34 Total Sales

    Kara Trombly
    Section Image
  • Mark Carey

    Seller's Agent in 2022

    Mark Carey

    Carey Connector

    (617) 744-9468

    2 in this area

    6 Total Sales

    Mark Carey
    Section Image
  • Gail Roberts

    Seller's Agent in 2013

    Gail Roberts

    Coldwell Banker Realty - Cambridge

    (627) 245-4044

    34 Total Sales

    Gail Roberts
    Section Image
  • Gary Dwyer

    Buyer's Agent in 2013

    Gary Dwyer

    Buyer Agents of Boston

    (617) 447-0709

    9 Total Sales

    Gary Dwyer
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243726

MLS Property Information Network (MLS PIN)

APN: SOME-000036-A000000-000030-000004-1

Massachusetts Middlesex County Somerville 02143 Porter Square

4 Gilson Terrace Unit 1, Somerville, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes